CURRENCY TRANSLATION (FI-LC) title: currency translation (FI-LC) (SAP Library - Glossary)
CURRENCY TRANSLATION (FI-LC) category: Consolidation (FI-LC)
CURRENCY TRANSLATION (FI-LC) explained:
The corporate groups must prepare their consolidated financial statements in group currency.
Before foreign companies (units in EC-CS/SEM-BCS) can be included in consolidation for the group, their individual financial statements must be translated from local into group currency.
The following choices influence the results of translation:
Translation methods -Choice between the balance sheet spot or current exchange rate and the historical rate for the translation of individual financial statement items.
Handling of translation differences -Choice between the different alternatives for dealing with differences resulting from translation.
Exchange rates -Choice between various exchange rates.
More terms such as currency translation (FI-LC) in Dictionary C.
- Manual Claim Validation:
- Help performed in the Claims Management system on the basis of captured claim data to verify that the claim is covered. The system checks whether - There are any risk exclusions - There has been any currency translation (fi-lc) definition.
- Manual Channels:
- Help Channels offer Business Information Warehouse workbooks, ordered according to topic areas. They access the workbooks that are assigned to them across the channels of the Business Explorer currency translation (fi-lc) explain.
- Manual Consumption-Based Planning (PP-MRP):
- Help the procedure in MRP for which stock requirements and past consumption values are important. Consumption-based planning is divided into the following procedures: Reorder point planning Forecast-based currency translation (fi-lc) what is.
- Manual Customer Price List:
- Help A customer price list allows net prices to be calculated for a predefined list of products. The price list contains the quantity usually ordered by a customer along with the unit of measure currency translation (fi-lc) meaning.
- Manual Customer Profitability:
- Help The profit made with a particular customer after all costs directly attributable to that customer have been deducted from the revenues currency translation (fi-lc) abbreviation.
